As rumored last year, Volkswagen might not be able to avoid closing factories in Germany. The best outcome would be selling some of them to Chinese carmakers that want to start production in Europe.

Volkswagen workers across Germany stopped work on Monday as the conflict between the German automotive giant and its employees over changes to labor agreements and potential factory closures escalated ...

Volkswagen employees go on a warning strike in front of the Zwickau plant behind a banner with the slogan "Bad negotiations = wildfire". Europe's largest car manufacturer, Volkswagen, is launching ...

Volkswagen executive Thomas Schäfer said the company needs to adjust to "new realities" as it intends to shut down German ...

FRANKFURT, Germany — Volkswagen is considering closing some factories in its home country for the first time in the German automaker's 87-year history, saying it otherwise won't meet the cost-cutting ...

A new Bloomberg report cites that Volkswagen may in fact be working on a deal to keep its factories in Germany open. The report stated that the automaker is considering keeping its plants up and ...

Chinese automakers are exploring opportunities to acquire German manufacturing facilities, particularly Volkswagen sites slated for closure. According to a report from Reuters, this interest comes ...

The German auto giant risks a confrontation with its powerful works council as it contemplates a massive ramp-up in cost reductions that would significantly affect its headcount. Volkswagen is ...

LONDON -- Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China's electric vehicle ...

German automotive giant Volkswagen said Monday it could close production sites in Germany, as the auto industry struggles to manage rising costs. "In the current situation, even plant closures at ...

Rheinmetall is eyeing up vacant Volkswagen space in a bid to expand Europe's weapons capabilities. Germany’s largest defense company, Rheinmetall, is now worth more than Europe’s largest company by ...